Limited Power of Attorney

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Price: £12.95

Name: Limited Power of Attorney Kit ISBN: 978-1-906144-12-8 Pages: 15 Pub. Date: August 2007 Edition: United Kingdom Summary: This legal document allows you to appoint someone (usually a trusted family member, friend or professional associate) to make certain legal decisions on your behalf. Includes: Power of Attorney Forms & Instructions Format: Downloadable

A Limited Power of Attorney is a legal device that will allow you to nominate someone to execute financial and other business decisions on your behalf should you be absent or abroad. The scope of the authority can be limited to one act or one transaction if desired. The authorization is considered limited because it remains in force for a specific period only and is limited in scope to certain named activities or purposes. A Limited Power of Attorney is the first line of defense in protecting both yourself, your finances and your family!

The scope of authority granted to your agent can be limited in terms of the activity to be carried out, to a specific transaction, limited in time or in any way you wish.

Benefits

Security of knowing you appointed someone trustworthy
…. You will have the security of knowing that you have appointed a trustworthy friend or colleague as your attorney with power to look after your affairs when you are not around to do. Think of the benefit of this alone to your family!

Complete business transactions in your absence
…. You can have someone complete personal and business contracts and transactions on your behalf even when you are unable to do so yourself due to being absent or on vacation;

Delegate complex tasks to your agent
…. You will have the peace of mind of being able to delegate burdensome tasks to people who can fully complete same without the need to drag you alone to a series of meetings.

Limit the powers granted to your attorney
…. You can give your attorney limited rights to manage all or some only of your affairs.

Set up a power of attorney for any type of business trasactions
…. You can set up a limited power of attorney for a real estate sale, on in relation to a vast of other transactions relating to:

1. Real estate
2. Bond, share and commodity
3. Business operating
4. Claims and litigation
5. Chattel and goods
6. Banking
7. Insurance
8. And virtually any other matter !